Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Comedy gold, Ade.............
Ade, your actual prediction yesterday was 'I see this falling to 16p at least today.' (Friday 7:26) - that's why everyone thinks you are an idiot, who talks absolute rubbish. Claiming that you called it correctly is less believable than saying you live in Narnia.
Also Garonne, developing a cracker that could only produce less pure hydrogen suitable for an AFC fuel cell would limit their potential market significantly. The whole point in demonstrating that it is capable of producing purer hydrogen is that it can be used with all fuel cells (PEM & AFC) and hydrogen combustion engines, which means that the potential market is huge - but you know that, I'm sure.
Garonne, at the AGM Bond said that Denora had a timeline of about 2030 for products like Alkamen, so they won’t be waiting for their version.
Garonne, FYI - 1 mW = 1 milliwatt (Duracell battery etc). 1 MW = 1 Megawatt.
Mucksy, that unit uses Toyota PEM fuel cells - higher running costs, purer h2 required.
..........why has LSE removed all my capital letters?
daz, acciona didn't want a 30-50kva unit to trial. that would have cost them x5 as much in fuel, and all the logistical issues in sourcing enough fuel to keep it running, and finding enough equipment to use the generated power. that's why we have the 10kva 'ambassador' units.
also, this nonsense about the unit only being able to run 4 kettles (ade). there is no need to run 4 kettles, day and night to trial a generator. if you want to use maths, then that same unit would be capable of heating x5, 4 bed homes (as i don't just boil kettles day and night, according to my latest bill). those 10kva units have a legitimate place in the generator ****nal, and you know it.
vociferous!
Klunk, I wouldn’t be at all surprised if there is a little hesitation to inform/respond to or engage with share holders, beyond their legal requirement, as there is a vorciferous minority that plague AFC posts on LinkedIn etc, with comments that are not helpful and damage the brand, that potential customers get to see.
I was shocked to learn that AFC have received a number of abusive emails from so called ‘shareholders’. Maybe that is normal behavior in this day and age.
Daz, the tendering for funding by Universities and academic institutions is quite a convoluted process, especially if institution doesn’t know what they want/ are asking for, due to the rapid progress being achieved by AFC.
The reason the generator was sent to IAV was simply convenience. David Harvey managed pull a few strings with some old colleagues in Germany, where he used to work, to book a testing bay at IAV, that happened to be available at the time, which was acceptable to both parties. No VW motive involved, at this time.
I was first to arrive at the AGM, so had a few private conversations with people before things kicked off.
Mike R said their new 60KVa module uses 'AlkaMem technology', although it is not AlkaMem. By using an off the shelf product, which was 'good enough' to achieve what they needed, it would accelerate getting units out of the door. This has enable the construction industry to get their hands on the products, rather than keeping everything else on hold until AlkaMem was perfected. I thought that was a very sensible business strategy.
Alkamem is definitely coming though. It's just that, in order to manufacture the current offering, AlkaMem isn't required.
When AlkaMem is perfected, it will be amazing, but even without it, we have some world class products to offer.
My big take away from yesterday was that Mike Rendall and David Harvey are top drawer personnel, and seem to relish the opportunity to be working in a small company, where they can follow their instincts to progress the tech.
BTW, Mike R had been working on the idea of the new cracker for 15 years, and has now been given the opportunity to make it a reality.
I was also impressed with Peter Dixon-Clarke, who seems a safe pair of hands.
I suspect you are correct Beach, but the fact that it can be configured to produce h2, for any f/c, made me ask the question about 5x9’s, and Mike R confirmed that it could, if you wanted to configure it that way. So it has a wider market potential, than just supporting AFC units.
Exactly Haggis. That was how it was presented by Mike Rendall.........and they have miniaturised the technology, so that the cracker modules are the size of a fire extinguisher, so that multiple units can be bundled into a 'fridge' sized package.
They foresee uses such as refuelling h2 trucks (F/C or combustion. ie JCB) on building sites/depots, amongst many others etc.
I was pleasantly surprised to hear that the cracker will be able to work with all fuel cells, PEM etc, as it can be configured to produce 5x9's if required. So, not just a Heath Robinson add on for an AFC generator.
Thanks for posting Troajan.
Not sure I agree with that statement m3ggiesdad. ;^)
mucksy, can you explain why you feel that a .5% short would be the main driver of the share price vs the 99.5% of shares that are not shorted, in your view?
Surely, the low volume of shares traded recently indicates that most people are just waiting to see what the future holds.
He states that, ‘it’s kind of, to simplify it, an engine, which burns hydrogen as a fuel’. AFAIK, it’s not burning hydrogen, but rather a chemical reaction, isn’t it?